>> this is al jazeera america. >> the job report came in much stronger than expected. iran's deputy foreign minister is describing talks in geneva as productive but there is work to do. russia's foreign minister is expected to join the delegation. iran considers russia to be receptive to its arguments. super typhoon haiyan calling

landslides, floods, and four people dead, and the death toll is expected to rise. hundreds of thousands evacuated from their homes. police in italy are holding a somali man involved with the drowning deaths of hundreds in the mediterranean. the police say he organized the trip to lampedusa. he faces other charges of rape and human trafficking. october's job report is a pleasant surprise but there was a cloud inside that silver lining. i'll talk to the labor secretary of the united states. plus the woman who helped expose enron turns her eye to the

government's concern background. and it's a 3d revolution printing everything from shoes, guitar to meat. and even a live copy of me. this is ali velshi, and this is "real money." >> this is "real money." you are the most important part of the show. join our conversation over the next half hour on twitter to use the handle #real money. the government added 204,000 new jobs in october. but don't get too cared away. all these jobs reports are revised after the fact. and we just got the revision for september. it was revised upward.

i know you're not getting excited. consumer sentiment is down to its leos point in two years. and concern, is always jobs security. that's understandable like our economic recovery as a whole the october jobs numbers painted a very mixed picture. the unemployment rate actually inched upward to 7.3% despite the number of jobs added. this might have come in lower if not for the hundreds of thousands of federal employees furloughed from their work during the government shutdown. they were counted in the calculation of this unemployment rate. either way ignore this. ignore this every month. more so this month. focus instead on the number of jobs added. i'm not done yet. i do want you to pay attention to this one. the labor force participation rate, 62.8%. that is the lowest we've seen in more than 35 years. and it suggests that more people are falling out of the workforce because they can't find jobs.

they gave up trying all together. that's a worrying trend. despite adding more than 200,000 jobs last month why does the percentage of working age people who are actually working continue to drop. that's a question that i posed to labor secretary thomas perez moments after think released the latest jobs report. here's what he told me. >> reporter: the best remedy to address labor force participation is to grow the economy. that's why the president keeps talking about investing in our road infrastructure, investing in our capital and job reform. as you create more jobs from those investments, you'll get more people in the workforce. >> there have been a number of economist who is have said we have not seen the fullest affect, a number commentators say that we've cut this from the budget, but it's not hurting us on the employment front but

others say wait until january and you'll see a greater effect, do you see that coming? >> we've already seen the affect of sequestration on job creation. look at government employment. there has never since post world rather two to the best of my knowledge been a recovery in which we had a loss of jobs in the government sector. we had a loss of 500,000 government jobs. the majority of those jobs are school teachers, and then firefighters and police officers. if we had simply held the line on government employment during this recovery, our unemployment rate would be under 7%. i have no doubt about that. it's time to grow the economy by investing in the ways that the president has spoken about, in infrastructure. that's why he's down in new orleans today talking about the need to invest in our nation's port infrastructure.

>> you mentioned infrastructure a number of times. that infrastructure in this country has really got to come from public-private partnerships. the private sector doesn't do it on its own any more. the government does not get it done on time and on schedule. but public, private partnerships could be the solution. but in truth, mr. secretary, we don't have very many of these. the private sector doesn't trust the public sector, the public sector does not trust the private sector. it just does not seem to be going anywhere. >> well, i continue to be an optimist. why is that? because i look at history. you look at the aftermath of the 96 gingrich shutdown and the american people were understandably and appropriately angry. and they wanted results from congress. approval ratings went in the tank. there was a bipartisan recognition that we needed to move america forward. dwight eisenhower, the person

who brought us the interstate highway system. ronald reagan brought us immigration reform. one of my preside bread sezzers elizabeth dol--predecessorsez--h dole, increased minimum wage. >> let me stop you right there. the president came out and supported higher minimum wage. we have a minimum wage that does not suggest that we're one of the most wealthy countries in the world. people who work at minimum wage need to earn more money than they earn in this country and we need to create jobs. many of the jobs we're creating are entry-type jobs. >> nobody who works in full time jobs should live in poverty. the former ceo of costco, have demonstrated that you don't have to make a choice between your shareholder and your worker. you go to a costco store anywhere in america, and you see workers making $15 to $20 plus

health benefits. he has demonstrated that you can have a retail business model that takes care of your employees and offers a competitive product for your customers and a great return for your investors. i've spoken to many business leaders who recognize that the increase in the minimum wage was not only a moral imperative, it's an economic imperative. you raise people's wages. you put money in their pocket. they spend more and buy more goods. business versus to make and sell more goods. the economy grows. henny ford understood that in 1914 when he raised the salaries of his employees. he said, they ought to be able to afford the cars they're helping to make. there are plenty of business leaders who understand that raising the minimum wage is an economic imperative for our country. i'm confident that we'll get there as we have in the past. >> in an economy where more than

11 million americans are unemployed it pays to be open to almost anything. that's the approach taken by my next guest, samson louie who lost his hr job with the new york city transit authority a year and a half ago. they couldn't find a job in human resources so he decided to switch gears, literally, and learn to be a truck driver. he gets his license next week. but here's how luck or providence works out. a job he wanted four years ago just came through. samson is about to start work as a case manager with the city's human resources administration. samson joins me now from brooklyn. samson, you're in a church, which is an unusual place. that's not what your job is going to be. why are you at church? >> this place is special to me. it has definitely given me the ammunition, the insight, the tools of how to cope with life. i think god for everything. >> you have certainly enough to be thankful for, but you had a

rough time. you spent a year and a half. you were laid off, and how did you live for that year and a half? >> i had been receiving unemployment insurance benefits until--until i think mid september. >> and they ran out. and then you, i guess, had a sense--we know that transportation is a growing industry. you had a sense this was not going to work out. you weren't going to get back into hr, so you decided to sign up for truck driving lessons. tell me about that venture? >> well, i thought i was a burden on my wife--i was a burden to my wife. i'm not a person who likes to sit and idle hours away. i'm very hands on. i like to be active. i like to just contribute to society, so i felt it was about time for me to get back in the game, if you will. so i decided to actually seek an

opportunity with-- >> you did that with the aim that you would be driving a truck even though you're an office worker, an hr specialist, you decided that was fine. you need to make money and make a living, and you were hoping to get full time work doing that, and then what happened? >> after a hard day of training at the office, i got home, and i received a mail saying that i've been selected to come in for screening, pre-screening for potentially a job opportunity with the new york city human resources administration. >> you had to take a test, the civil service test to even get that interview. when did you take that test? >> it's a funny thing that i totally forgot about the fact that i took the test. but four years ago i took the test, i think late november or early december in 2009, and i

never heard back from anybody. so i totally forgot about the whole thing. >> that's remarkable. >> i thought, you yeah. >> when i got there-- >> i get why you want to give thanks. but you persevered and stuck around, and you're going to end you going back in the field that you practiced, but it is important that maybe that opportunity came to you because you turned directions and you decided you would try something else. it's important that people do whatever they can to get work. >> exactly. you know, you got to be a jack-of-all-trades considering the state of the economy. you have to find ways to make a living. >> we will be watching your career very closely, samson, i hope you let us pop in and see how you're doing. he was an u unemployed worker, then he trained to drive a truck and now he's going back into the field that he knows and loves. >> thank you so much.

>> making them pay! what the record's record-breaking settlements with hedge funds and banks mean for the financial system and your money. and printing in 3d, guitars, guns, and me, no joke. keep it right here.

>> on friday, one of the nation's biggest hedge funds bleed guilty to fraud in a settlement of an insider trading

case. paying a record of $1.8 billion and jp morgan will reportedly pay $13 billion to settlement investigations into its mortgage cases. away want to know if this is proof that the government is getting serious about making the american financial system safer. bethany mcclane investigated trains transactions at a firm called enron and wrote a book called smartest guys in the room," it was made into a movie. she joins us from chicago. bethany, good to see you. for our viewers who don't remember you were on the enron case before the government was. you smelled a rat there, you probably are more familiar with corporate malfeasance than most.

between the jp morgan, the fcc, the government is growing a set of teeth. >> it's a form of getting tough. there is no question there has been a change of tone in the government because this jp morgan settlement is the result of actions that ran up the financial crisis which was five years ago. it's not like there are any new facts here. the government could have brought this case any time but they didn't. the fact that they're looking at it five years later shows that something change. the government has been investigating insider trading for quite some time with many believe the end goal being to get steve cohen. many believe this is a way to distract people from the lack of prosecutions but maybe i'm a bit of a conspiracy theorists.

>> like any prosecutorial body, they try to get a lot of convictions. as you remember from the enron trial this was difficult to do. >> yes, it is extremely difficult to do. and make no bones about that, it's not like these cases were easy to make. you may have some criminal actions but you've got a lot of delusion, you got a fair amount of outright encompetence mixed in these stories and to prove that individuals intended to do these things is pretty tough. that means where will ther therl there is a way. >> scc capital feels from what was put forward, that it was a den who were attracted to people into this insider trading.

many could smell a rat. jp morgan was a different thing. this is a big company, and maybe that's the argument, it's too big to challenge. >> back to scc keep in mind although the firm has paid $1.8 billion and pled guilty the individual at the top who made an estimated $10 billion steve cohen has not been charged individually. it doesn't mean that he won't be but he has not been charged individually and it's probably unlikely that he will be. i think that's a different story than jp morgan chase. and i do think that these big firms, you know, you don't actually need i will intent on the part of chief executives. you take into account the enormous complexities of these financial firms and throw in

incompetences and you've got a toxic brew. >> the concern to people watching right now is my money safer? am i in a safer world than i was five years ago when the banks were fooling around or 12 years ago when you were righting about enron. are we safer generally speaking? >> let me start with the first one a little bit. i'm not sure. you have to keep in mind that this settlement that jp morgan chase is paying. it sounds great, $13 billion. it's coming out of the pockets of shareholders not out of the pockets of executives from that company. i did a search of who are the shareholders? vanguard, and others, in other words, our money. are we safer now? there is a big difference between aggressive actions after the fact and and thin stopping

the fact, the bad thing from actually happening again. i think we all want not aggressive actions after the fact as we want the bad thing not to happen again. those are two different parts of the government. it's a very different apparatus. most people that argue, we are safer now, but i think that the very size and complexity of the financial industry makes me nervous. >> bethany, good to talk to you. hbethany mcclane writing for "vanity fair" with us from chicago. friday's tweet wasn't so seat to end at $41.65 a share. call it a sophomore slump, second night letdown or just reality. coming up, the 3d printing revolution is on and you're going to see the first 3d body selfy. that's coming up next on "real

money." and to contact the centers and the lu

you. >> so they 3d precipitated another gun. this time out of metal. the last time out of plastic. the first-ever 3d-printed metal gun. you don't just print out a big begun. you you 3d print the parts and then put it together. 3d printing guns is a scary notion. but before you begin thinking this is a neuter error under the radar. the printer o that this gun wats precipitated on cost more than an ivy leaguation. league education. here's the deal. 3d printers have way more real world applications than guns. it changes the way we manufacture things and retail, too. not only will you be able to

order a pair of shoes to your size and specification you'll be able to design how they look. onone-of-a-kind manufacturing, d they're experimenting with 3d printing of meat. print an object layer by layer using a gooey substance that hardened into a very strong material. there all kind of 3d printers. some of them cost hundreds of thousands of dollars used in big business and then some that will run just over a thousand dollars. you own a 3d printer what is the first thing you would make? we have a ton of great answers. gene said, a 1200-square-foot argument complete with washer and dryer. and another tweet, if it we had a 3d printer that printed edible things, bacon. now if you can believe it, this

electric guitar was made by a 3d printer. and the man who made it is the president and ceo of 3d systems and actually the guy who taught me everything i know about 3d printing. i really knew nothing about it before i met with you and we talked about it. this thing has got moving parts and gears. these were not made of separate parts. the 3d printer made all of this. >> all in one assemblies. >> this was made on a bigger printer but you brought one here called the cube. people can buy for $1,300. i assume the cost of this will be coming down. but why do people need this? >> it will help you pursue your business, create new businesses, replace spare parts. educate your kids. if you can think it and dream it, you can print it. >> some people might use that as a hobby thing and tingeing, but there are real-life

manufacturing applications. >> the vast majority of what we do is manufacturing of medical items, airplane parts, and even fashion accessories are now printed for real use in many manufacturing. >> whether it's industrial or this machine here the cube you need something to replicate. you came out with something just today which is really the first step in physical photography. we're going to end up with the equivalent of a 3d picture of me. explain what is going on. >> 399 plug and play, it's smaller than a tablet. lighter than a cell phone, faster than a commercial break and can catch you in any size from a ton can truck to a pickup truck and print you in full

color without ever leaving the environment. >> this is me captured, and this then, this image that we're looking at, this one here, which has got different dimensions of me can then be put into a printer and what would come out? >> what would come out is a mini replica of you in any size you would choose in full color with a guitar in a perfect pose. >> this is hard for people to understand. printing is a material comes out of the soft material, it hardens, but we're hearing about meat printing and metal printing, what is this material? >> we can print with 100 materials including metals, nylons, plastics, waxes, any material that is in manufacturing today you can print with, and including full

metal. >> draw me a quick picture of what it will look like in five years and ten years. will we all have this in our houses. >> that's the wrong question. what room will be your printer. will it be in your kitchen because you want to print your edibles. >> if they can print food, they would print bacon. >> that's right. and now chocolate, and we'll have it on the market soon. but this is going to change everything. it will change how we design, manufacture, communicate, how we educate, and it's going to bring about the localization of many manufacturing in a distributive way which is something that we talked about the last time when we met. >> we talked about the fact that we spend so much time shipping. we burn fuel shipping things. what if you could just make things where they were needed. you get the composite material to them. >> and it turns supply on its head and allows millions of

people to launch businesses because they don't need to invest in manufacturing infrastructure. >> warehousing and things like that. thanks for share this. good luck. i look toward to the day that we can say we had that in our studio the day it was launched. >> physical photography is here. >> if you're looking for a job, try your video game skills. the latest in hiring trend. i'm ali velshi, thanks for joining us.

>> hi, i'm lisa fletcher, and you're in "the stream." nearly three years after fukushima's nuclear disaster, how safe is it for residents and the rest of the world? >> raj, in many ways, the whole story of fukushima has passed from the world's attention, but there's so much daily suffering going on is there. >> and our videos have not forgotten. fukushima has been one of the top five favorite show